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Marimaca Copper Completes A$80,000,000 Bookbuild
Globenewswire· 2025-09-05 13:00
Core Viewpoint - Marimaca Copper Corp. has secured binding commitments for a brokered placement of 8,247,423 new Chess Depositary Interests (CDI) at a price of A$9.70 per CDI, resulting in gross proceeds of approximately A$80,000,000 or C$72,080,000 [1][2] Group 1 - The placement received strong support from new institutional and sophisticated investors, with demand significantly exceeding the targeted amount [2] - The net proceeds from the placement will be allocated for exploration at the Pampa Medina Project, detailed design and engineering at the Marimaca Oxide Deposit, and general corporate purposes [3] - The CDIs will be issued under an ASX Listing Rule 7.1 waiver, with completion expected around September 11, 2025, subject to regulatory approvals [4] Group 2 - Marimaca is focused on its 100%-owned Marimaca Copper Project and surrounding exploration properties located in the Antofagasta Region, Chile [7] - The Marimaca Copper Project includes the Marimaca Oxide Deposit, and the company is progressing through a Definitive Feasibility Study led by Ausenco Chile Ltda [8]
Laurion Expands Advisor Network and Advances Ishkoday Drilling Campaign
Thenewswire· 2025-09-05 11:00
TORONTO, Ontario – September 5, 2025 – TheNewswire - LAURION Mineral Exploration Inc. (TSXV: LME | OTCPINK: LMEFF) (“LAURION” or the “Corporation”) is pleased to provide this corporate update on its previously announced advisory engagements, exploration progress, and investor outreach initiatives. Reference is made to the Corporation’s press releases dated August 19, 2025, June 2, 2025, May 27, 2025 and May 8, 2025.  Advisory Network ExpansionAmid growing shareholder interest and evolving market access str ...
Barksdale Resources Completes Payment for 51% Ownership of Sunnyside
Newsfile· 2025-09-04 21:00
Barksdale Resources Completes Payment for 51% Ownership of SunnysideJV With Regal Resources Moves ForwardSeptember 04, 2025 5:00 PM EDT | Source: Barksdale Resources Corp.Vancouver, British Columbia--(Newsfile Corp. - September 4, 2025) - Barksdale Resources Corp. (TSXV: BRO) (OTCQB: BRKCF) (FSE: 2NZ) ("Barksdale" or the "Company") is pleased to announce that it has completed the C$1 million cash payment and released 5 million shares of Barksdale stock, both to Regal Resources (now Great Basin ...
Pacifica Silver Announces U.S. Listing on the OTCQB
Newsfile· 2025-09-03 18:27
Core Viewpoint - Pacifica Silver Corp. is set to enhance its visibility and accessibility to U.S. investors by commencing trading on the OTCQB marketplace under the symbol "PAGFF" effective September 4, 2025 [1][2]. Company Overview - Pacifica Silver Corp. is a Canadian resource company with a management team experienced in mining and exploration in Mexico [4]. - The company is focused on its 100% owned Claudia Project in Durango, Mexico, which spans 11,876 hectares and is located in the historic El Papantón Mining District [4]. - The Claudia Project has shown high-grade silver and gold intercepts from sampling and drilling, with only 10% of over 30 kilometers of known veins drilled to date, indicating significant potential for new discoveries [4]. - Additionally, the company holds an option to acquire a 100% interest in the Janampalla Property in Central Perú, which has indicated widespread high-grade copper-gold mineralization [5]. Market Presence - The listing on the OTCQB is expected to enhance market liquidity, broaden the shareholder base, and strengthen the company's presence in the U.S. investment market [2]. - The OTCQB provides a reliable trading environment for early-stage and growth companies, requiring stringent reporting standards and annual verification [2]. - Pacifica's shares will continue to trade on the Canadian Securities Exchange under the symbol "PSIL" [3].
Sokoman Minerals Corp. Expands Land Position at Crippleback Lake
Newsfile· 2025-09-02 13:38
St. John's, Newfoundland--(Newsfile Corp. - September 2, 2025) - Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman" or the "Company") further to its August 14, 2025 news release, Sokoman is pleased to announce that it has signed 2 property purchase agreements, expanding its land position at Crippleback Lake in Central Newfoundland.The Company has agreed to purchase a 100% undivided interest in 105 mineral claims located in the Crippleback Lake Area from United Gold Inc. (the United Gold Claims). ...
NorthWest Announces Drilling Underway at Kwanika
Globenewswire· 2025-09-02 10:30
Core Viewpoint - NorthWest Copper is advancing its drilling program at the Kwanika project, supported by successful financing, aiming to confirm and expand higher-grade mineral targets and explore new opportunities [1][6]. Kwanika Central Deposit - The 2025 drilling plan at the Kwanika Central Deposit focuses on confirming and expanding the higher-grade target model to a depth of approximately 350 metres, with the goal of updating the mineral resource estimate and mine design [2][6]. Transfer Target - The Transfer Target, located 300 metres south of the Kwanika Central Deposit, will be drilled to assess its potential for new discoveries, particularly focusing on the orientation of alteration and mineralization [3][6]. Andesite Breccia Target - The Andesite Breccia Target, situated 600 metres north of the Kwanika Central Deposit, will be tested with a drill hole following a historic intercept of 87.0 metres at 0.38% Cu and 0.06 g/t Au, to understand its geological context [4][6]. Drilling Program Details - The total planned drilling for 2025 is 5,135 metres, with 4,285 metres allocated to the Kwanika Central Deposit and 850 metres to the Transfer and Andesite Breccia Targets [7][6]. Future Updates - The company will provide updates on the drilling program as results become available over the coming months [9].
Trident Resources Announces Closing of the Acquisition of Claims from Eagle Plains Resources Within the La Ronge Gold Belt in Saskatchewan, Canada
Globenewswire· 2025-08-28 20:30
Core Viewpoint - Trident Resources Corp. has successfully acquired a 100% interest in 16,245 hectares of land in the La Ronge Gold Belt, enhancing its portfolio of high-grade gold assets [1][8]. Acquisition Highlights - The acquisition includes four individual blocks of land that are road-accessible and located near a high-voltage power transmission line, approximately 30 km northeast of La Ronge, Saskatchewan [1]. - The newly acquired claims are situated within the La Ronge Domain Central Metavolcanic Belt, which is known for its gold mineralization [4]. Agreement Terms - The total purchase price for the properties consists of a cash consideration of $14,370 and a 2% NSR royalty on all 24 claims, with a buy-back option of $1 million for 1% [5]. - The transaction is classified as a non-arm's length transaction due to the involvement of a director from Trident who is also a director and officer of Eagle Plains [5]. Financial Position - Trident Resources Corp. has over $11 million in cash and marketable securities, positioning the company well for its upcoming drilling program at the Contact Lake Gold Project [8]. - The acquisition is seen as an attractive opportunity due to the proximity of the new properties to Trident's existing high-grade gold projects, which have numerous documented gold showings with values up to 45.5 g/t Au [8]. Company Overview - Trident Resources Corp. is a Canadian public mineral exploration company focused on gold and copper projects in Saskatchewan, including the Contact Lake and Greywacke Lake projects [7].
Core Lithium (7CX) Earnings Call Presentation
2025-08-27 22:00
Equity Raising Overview - Core Lithium is undertaking an equity raising comprising a placement of approximately A$50 million and a share purchase plan (SPP) of up to A$10 million[50] - The offer price for the placement and SPP is A$0105 per share, representing a 125% discount to the last traded price of A$0120 on 26 August 2025[50] - The placement involves the issue of approximately 4762 million new shares[50] - The SPP is available to eligible shareholders in Australia and New Zealand, allowing them to apply for up to A$30,000 worth of new shares[50] Use of Funds - The company plans to use the funds raised for long-lead items (A$58 million), BP33 box cut and decline development (A$250 million), operational readiness activities (A$92 million), and general working capital and costs of the offer (A$294 million)[51] Finniss Lithium Project - The Finniss Lithium Project has an Ore Reserve of 107Mt at 129% Li2O and a Mineral Resource of 485Mt at 126% Li2O[54] - The project aims for an average future annual production of 205ktpa (SC6 eq)[41] - The project anticipates low operating costs of A$690 – A$785/t FOB SC6 eq excluding royalties[41] Production and Cost Optimization - The company is optimizing the mine plan, simplifying the flowsheet, and increasing throughput to 12Mtpa[57] - Underground mining at BP33 is expected to deliver low mining costs of A$63 - A$72/t of ore[58] - Plant upgrades will result in a 20% increase in throughput capacity to 12Mtpa[65]
Miata Metals Announces Exploitation License Renewal for the Sela Creek Gold Project
GlobeNewswire News Room· 2025-08-27 12:40
VANCOUVER, British Columbia, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Miata Metals Corp. (CSE: MMET) (FSE: 8NQ) (OTCQB: MMETF) (“Miata” or the “Company”) is pleased to announce that its exploitation license has been renewed for a period of five years. The Company has further completed its anniversary payments for the option agreement (the “Option Agreement”) on its Sela Creek Gold Project (“Sela Creek” or “the Project”). “We are pleased to have received the renewal of our exploitation license for another five year ...
Lancaster Resources Completes Acquisition of Lac Iris Polymetallic Project
Globenewswire· 2025-08-27 12:00
Core Viewpoint - Lancaster Resources Inc. has successfully acquired a 100% interest in the Lac Iris Polymetallic Project in Quebec, enhancing its exploration capabilities in the James Bay region [1][4]. Acquisition Highlights - The acquisition significantly boosts Lancaster's exploration prospects and supports its strategy for precious metal discoveries [4]. - The company has staked new mineral claims that have been approved by the Québec mining authority, correcting previous inaccuracies in their claims map [4]. - The Lac Iris properties are strategically located near significant mineral properties, including the NISK Project and the Whabouchi Mine [5]. Project Details - The acquisition adds approximately 694 hectares across three packages, complementing Lancaster's existing option on the Trans-Taiga Project [5]. - The project is situated along a geological trend known for hosting lithium and polymetallic mineralization, enhancing its exploration potential [5]. - This acquisition expands Lancaster's exploration footprint in James Bay, complementing its uranium and gold projects in Saskatchewan and the Lake Cargelligo Gold Project in Australia [5]. Company Overview - Lancaster Resources Inc. is a Canadian exploration company focused on critical minerals and gold projects in established mining jurisdictions [7]. - The company holds a 100% interest in the Lake Cargelligo Gold Project and has various other projects in Canada, including the Lac Iris Polymetallic Project [7].